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#466
Sacramento Restaurant For Sale

This owner must move- Priced at 1/3 of new buildout!!!

$65,000
Sold
This owner must move- Priced at 1/3 of new buildout!!!
This Listing is Sold
These owners needs to move- Your opportunity! The current owners have invested over $270,000 in this very unique location. Buy now for a 1/3 of what new would cost!!! Leave it a frachise or convert !! Included is a website that sells all the unique products you find at the store, and could be a large profit center in the future. Nearly 1,200 Sq. Ft. with a base rent of $3289+ CAM of $304. There are almost 5 years on the lease plus one 5 year option. In desirable high growth location with plenty of convenient parking.
This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
5 + 5
Total Monthly Rent:
$3,289
Security Deposit:
$3,289

Financials

Last Year's Annual Gross:
$205,000
Last Year's Food Cost %:
45
Last Year's Payroll Cost %:
24

Operations

# of Part-Time Employees:
10
Hours Open:
7-8 7 days a week- Franchise corp.is waiving transfer cost - new owner pays legal fees only (approx $500). $5000 training cost waived - just pay for trainers at store for one week...
Year Established:
2005

Facilities

Indoor Seating:
30
Outdoor Seating:
8
Inside Sq. Ft.:
1,199

Highlights

  • Unique Franchise Opportunity
  • Could be converted to your own use
  • Unique store - one of a kind - must see to appreciate
  • Website- up and running to sell all products
  • Located in one of fastest growing parts of California
  • Franchise will waive transfer fees
  • Purchase business for fraction of new cost
  • Over $270,000 invested
  • Corporate Training cost reduced for this location
  • Chance to own one of a kind store and franchise
  • Base Rent $3,289 plus CAM of $304
  • Nearly 1,200 Sq. Ft.

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 43,625 74,781 181,061
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 15,856 27,560 65,696
2010 Persons Per Household 2.58 2.55 2.60
Median House Value $260,700 $291,107 $281,760
Income Per Household $60,513 $64,416 $64,992
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,719 3,329 5,663
2012 Number Of Employees 60,662 116,926 176,944
2012 Total Annual Payroll $1,539,119,000 $3,146,394,000 $4,294,967,295

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.

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